Red Hook WatchIndependent Community Resource

Required PILOT for Property Eligible for Exemption Under RPTL Section 487

Activeformal_resolutionongoingThe Town Board adopted a resolution establishing the Payment In Lieu of Taxes policy for solar and wind energy systems exempt from taxation for fifteen years under RPTL Section 487.
First seen
2017-01-25
Latest event
2017-01-25
adopted
Expires

Resolution text

RESOLVED

  1. Establish the required PILOT for property eligible for exemption under RPTL Section 487 for solar or wind energy systems or farm waste energy systems

Lifecycle (1 event)

2017-01-25adoptedvote: 4-0
Approve Resolution 2017 #10 regarding the required Payment In Lieu of Taxes (PILOT) for property eligible for exemption under RPTL Section 487 for solar or wind energy systems.
moved by O'Neill · seconded by Imboden
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Resolved
  1. Establish the required PILOT for property eligible for exemption under RPTL Section 487 for solar or wind energy systems or farm waste energy systems
Subject key: renewable_energy_tax_exemption_pilot